Summary
This 8-K filing from Emerson Electric Co. (EMR) on April 27, 2011, primarily provides an update on the company's order trends for the trailing three months ending March 2011. Overall, Emerson reported solid order trends, with total company orders showing a 10-15% increase year-over-year for March 2011. This growth was supported by a recovery in global gross fixed investment and capital spending. The filing also announces upcoming investor events, including the release of the company's second quarter 2011 results on May 3, 2011, and presentations at industry conferences in May and June. These events present opportunities for investors to gain further insights into the company's performance and outlook.
Key Highlights
- 1Emerson Electric reported solid overall order trends for the trailing three months ending March 2011, with a 10-15% increase year-over-year.
- 2Process Management and Industrial Automation segments showed strong order growth, exceeding +20% in March.
- 3Network Power orders improved and were flat in the trailing three-month period, with moderating declines in Asia and embedded computing/power businesses.
- 4Climate Technologies experienced continued order growth, driven by North America, though partially offset by declines in Asia.
- 5Tools and Storage orders remained consistent, with non-residential construction-related businesses leading growth.
- 6The company announced its Q2 2011 earnings release date as May 3, 2011.
- 7Upcoming investor presentations are scheduled for May and June 2011, offering further engagement opportunities.